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NFT Sellers Will Have To Start Paying Taxes On Their JPEGs
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thegamer.comIt could hardly get more poetic. In the same week that gaming companies have been jumping on the bandwagon, NFTs now getting regulated.
President Joe Biden's infrastructure bill has finally passed, and among the many areas it covers, it appears that cryptocurrency is going to be regulated. Any crypto purchase of over $10,000 must now be declared to the IRS - and seemingly to avoid loopholes, NFTs and other digital assets will be considered cash.
Related: Gaming NFTs Will Never Work
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Read more on thegamer.comAbout this in other media
Xbox's Phil Spencer Comments on NFT Games gamerant.com /2 years ago
Kristen Stewart's Best Pattinson Batman Villain Casting Is Ivy, Not Joker screenrant.com /2 years ago
Geoff Keighley promises no 'NFT stuff' at this year's Game Awards pcgamer.com /2 years ago
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18.02 / 17:09
Xbox Series X
Uncharted
Uncharted Is Coming To Xbox Series X, And That Is Technically Correct
Uncharted will soon be available on Xbox consoles, albeit not in the way that you're probably thinking about right now. No, Microsoft hasn't dipped into its money vault to buy developer Naughty Dog, but the Uncharted film will be arriving on Blu-ray disc soon, which means that the live-action adaptation of Sony's hit game series can be technically played on an Xbox console.
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